Delivering the intergenerational financial advice win-win

Tax-efficient accumulation, decumulation and transfer of wealth

clock • 7 min read

For advisers, there is a clear benefit in building their business by having strong relationships with multiple generations, writes Mark Lambert

Taking an intergenerational approach to financial planning should be a ‘win-win' for adviser businesses and clients who want to ensure their families benefit from as much of their wealth as possible. Involving partners and children in financial planning helps to maximise the tax-efficient accumulation of wealth while minimising tax on funds withdrawn and when wealth is transferred. For advisers, there is a clear benefit in building their business by having strong relationships with multiple generations and maximising the work they initially invest in the original main client. Resea...

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